The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

consumption  production  ghg-emissions  electricity  infrastructure 

Mary Leshper

Mary Schaper
Posted June 3, 2016

As social media really wants you to know, today is National Doughnut Day, so whether you spell it long or go with donut for short, here are an "energy dozen" to take in while enjoying your tasty treat.

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natural-gas-production  consumption  electricity  fracking  lng-exports 

Mark Green

Mark Green
Posted January 11, 2016

A couple of data points from the U.S. Energy Information Administration (EIA) that help illustrate the impact of the natural gas portion of the American energy revolution.

First, EIA reports that wholesale electricity prices at major trading hubs, on a monthly average for on-peak hours, were down 27 percent to 37 percent across the U.S. in 2015 compared to 2014. The reason for the decrease, EIA says, is lower natural gas prices. 

Now, let’s zero in on the increasing affordability of natural gas in electricity generation. Recently, EIA reported that 2015 natural gas spot prices at the national benchmark Henry Hub averaged $2.61 per million Btu (MMBtu), the lowest annual average since 1999. Interestingly, declining prices did not result in lower production, EIA says.

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domestic-oil-production  consumption  hydraulic-fracturing  fracking 

Mark Green

Mark Green
Posted June 3, 2014

More data from the U.S. Energy Information Administration (EIA), pointing toward American energy self-sufficiency: The agency reports domestic energy production accounted for 84 percent of total U.S. energy demand in 2013, a ratio last seen in the early 1990s. EIA:

The portion of U.S. energy consumption supplied by domestic production has been increasing since 2005, when it was at its historical low point (69%). Since 2005, production of domestic resources, particularly natural gas and crude oil, has been increasing as a result of the application of technologies that can develop harder-to-produce resources.

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consumption  crude-oil  domestic-energy  natural-gas  oil-imports 

Mark Green

Mark Green
Posted January 2, 2013

Oil and natural gas, which has played a major role in the United States’ emergence as a modern super power, is ours in abundance – as noted in recent reports by the International Energy Agency, the U.S. Energy Administration and IHS Global Insight. With pro-development policies, American-made energy can help lead a new period of U.S. growth and advancement.

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energy  energy-demand  gasoline  imports  consumption 

Jane Van Ryan

Jane Van Ryan
Posted May 13, 2009

If you're looking for a key indicator to illustrate the weakness in the U.S. economy, just look at oil demand.

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